Export trading house certificate
Where the Regional office is the same as the Zonal office, such exporters may submit only two sets of the application. The duty free credit entitlement can be used for import of capital goods, office equipments and inputs export trading house certificate the same is freely importable under ITC HS.
Such goods shall be non transferable. Application shall be filed with the jurisdictional regional licensing authority as per the address give in status certificate. The application for the duty free credit entitlement certificate would be made in AppendixD. The duty free entitlement certificate shall be valid for a period of 12 months.
The status holder shall within one month of the expiry of the validity of the duty free entitlement certificate, submit a statement of imports made under the certificate as per AppendixE to the jurisdictional Regional Licensing Authority. Maintenance of Accounts 3. The record shall export trading house certificate maintained for a minimum period of three years from the expiry of the validity of such certificate. These accounts shall be made available for export trading house certificate to the licensing authority or any authority nominated by the Director General of Foreign Trade.
The decision of the Committee shall be final. Export Promotion Council 3. Non-Profit, Autonomous and Professional Bodies 3. The EPCs shall not be required to obtain the approval of the Central Government for participation in trade fairs, exhibitions etc. For this purpose, executives with a professional background in commerce, management and international marketing and having experience in government export trading house certificate industry should be brought into the EPCs.
On being admitted to membership, the applicant shall be granted forthwith Registration-cum-Membership Certificate RCMC of the EPC concerned, in the format given in Appendix-4A subject to such terms and conditions as may be specified in this behalf.
In case an exporter desires to get registration as a manufacturer exporter, he export trading house certificate furnish evidence to that effect. Intimation Regarding Change In Constitution 3. The registering authority, however, may condone delays on merits. Furnishing Of Returns 3. This will be in addition to any other returns as may be prescribed by the registering authority. Before such de-registration, the RCMC holder shall be given a show cause notice by the registering authority, and an adequate and reasonable opportunity to make a representation against the proposed de-registration.
Appeal Against De-registration 3. Directives of DGFT 3. Export trading house certificate Data Interchange 3. The application will then be downloaded by the concerned licensing authority and processed in accordance with the prevalent rules and regulations.
Deficiency, if export trading house certificate, shall be communicated online to the applicant. The applicant will have to visit the concerned office to hand-over the hard copy of the application alongwith the requisite documents including the application fee.
The licence shall be issued on receipt of the hard copies of the documents as mentioned above after due scrutiny as prescribed in this Book. It will be also enable faster processing, speedier communication of deficiencies, if any, and on-line availability export trading house certificate application processing status. This shall also obviate the need for physical verification of licences before allowing clearance as the verification will be done electronically by the Customs.
However, import of agriculture and dairy products shall not be allowed even if such items are freely importable under ITC HS. Application for Grant of Status 3. The Policy relating to the status holder is given in Chapter- 3 of the Policy. For grant of any status, the application shall be filed before 1 st March. Such application shall be made by the registered office in the case of a company and head office in case of others.
All exporters who desire to obtain status certificate from the Headquarters may submit three sets of application, one each to the Headquarters, Zonal and Regional Office. The certificate holder shall maintain true and proper accounts of its exports and imports based on which such recognition has been granted and the exports and imports made during the validity period of such recognition certificate.
A reasonable opportunity shall be given to the applicant or the certificate holder before taking any action under this paragraph. An applicant who is not satisfied with the decision taken to suspend or cancel the certificate, may file an appeal to the Export House Committee in the Directorate General of Foreign Trade within 45 days of the date of the said decision.
To provide commercially useful information and assistance to their members in developing and increasing their exports. To offer professional advice to their members in areas such as technology upgradation, quality export trading house certificate design improvement, standards and specifications, product development, innovation etc.
To organise visits of delegations of its members abroad to explore overseas market opportunities. To organise participation in trade fairs, exhibitions and buyer-seller meets in India and abroad. To promote interaction between the exporting community and the Government both at the Central and State levels; and.
To build a statistical base and provide data on the exports and imports of the country, exports and imports of their members, as well as other relevant international trade export trading house certificate. The EPCs shall be autonomous and regulate their own affairs. In order to give a boost and impetus to exports, it is imperative that the EPCs function as professional bodies. An exporter may, on application given in Appendix-4, register and become a member of an Export Promotion Council.
The RCMC shall be deemed to be valid from 1 st April of the licensing year in which it was export trading house certificate and shall be valid for five years ending 31st March of the licensing year, unless otherwise specified. In case of change in ownership, constitution, name or address of an exporter, it shall be obligatory on the part of RCMC holder to intimate such change to the registering authority within a period of one month from the date of such change. The registering authority may de-register an RCMC holder for a specified period for violation of the conditions of registration.
A person aggrieved by a decision of the registering export trading house certificate in respect of any matter connected with the issue of RCMC may prefer an appeal to the Director General of Foreign Trade or an officer designated export trading house certificate this behalf within 45 days against the said decision and the decision of the appellate authority shall be final.
The Director General of Foreign Trade may direct any registering authority to register or de-register an exporter or otherwise issue such other directions to them consistent with and in order to implement export trading house certificate provisions of the Act, the Rules and Export trading house certificate made export trading house certificate, the Policy or this Handbook.
The facility of electronic filing of applications shall be available to all exporters. Under this scheme, an exporter would be able to file his application on the DGFT website export trading house certificate http: The export trading house certificate will reduce unnecessary physical interface with DGFT. Service providers other than hotels fulfilling the criteria mentioned in paragraph 9.
The duty free credit entitlement certificate shall be used for import of spares, office equipment s and furniture sprofessional equipment sand consumables provided such goods are freely importable under ITC HS.
The duty free credit entitlement certificate and the goods imported thereunder shall be non-transferable.
Suitable provision has been made in the Annual Plan of the Department of Commerce for allocation of funds to the states on the twin criteria of gross exports and the rate of growth of export trading house certificate.
The financial assistance is available export trading house certificate Export Promotion Councils, Industry and Trade associationsExport trading house certificate of State GovernmentsIndian Commercial Missions abroad and other eligible entities as may be notified from time to time.
A whole range of activities can be funded under the MAI scheme. The full text of export trading house certificate guidelines can be seen at http: Meeting Legal expenses for Trade related matters 3. As per the revised MDA guidelines with effect from 1 st April, assistance under MDA is available for exporters with annual export turnover export trading house certificate Rs 5 crores.
These include participation in Trade Fairs and Buyer Seller meets abroad or in India, export promotion seminars, etc. For participation in trade fairs, etc, in other areas financial assistance without travel grant is available. Financial assistance would be provided to deserving exporters on the recommendation of Export trading house certificate Promotion Councils for meeting the cost of legal expenses relating to trade related matters.
Towns of Export Excellence 3. It is necessary to grant recognition to these industrial clusters with a export trading house certificate to maximizing their potential and enabling them to move higher in the value chain and tap new markets. Selected towns producing goods of Rs. Common service providers in these areas shall be entitled for the facility of the EPCG scheme.
The recognised associations of units will be able to access the funds under the Market Access Initiative scheme for creating focused technological services. Further such areas will receive priority for assistance for rectifying identified critical infrastructure gaps from the ASIDE scheme. The notified towns of export excellence are listed in Export trading house certificate Brand Promotion and Quality 3.
The Central Government will extend support and assistance to Trade and Industry to launch a nationwide programme on quality awareness and to promote the concept of total quality management. The guidelines for settlement of quality complaints, in particular, and such other complaints, in general, is given in Appendix- 37 of Handbook Vol. Trade disputes affecting trade relations 3. The Director General Foreign Trade may take action against the exporter or importer concerned in accordance with the provisions of the Act, the Rules and Orders made thereunder and this Policy.
Star Export House 3. Exports made on re-export basis shall not be counted for the purpose of recognition. Exports made by a subsidiary of a limited company shall be counted towards export performance of the limited company for the purpose of recognition only if the limited company has a majority share holding in the subsidiary company.
On the expiry of such certificate, application for renewal of status certificate shall be required to be made within a period as prescribed in the Handbook Vol.
During the said period, the star export house shall be eligible to claim the usual facilities and benefits. Export Promotion Council for Services 3. A list of services is given in Appendix of Handbook Vol. All provisions of this Policy shall apply mutatis mutandi to export of services as they apply to goods, unless otherwise specified.
Service exporters are required to register themselves with the Federation of Indian Exporters Organisation. However, software exporters shall register themselves with Electronic and Software Export Promotion Council. In order to give proper direction, guidance and encouragement to the Services Sector, an exclusive Export Promotion Council for Services shall be set up. The Services Export Promotion Council shall: For individuals who are service providers, the total foreign exchange earned criteria would be Rs.
In the case of one and two export trading house certificate hotels and stand-alone restaurants, the foreign exchanged earned export trading house certificate International Credit Cards and sources as may be notified only shall be taken into account for the purposes of computation of duty credit entitlement under the scheme. In the case of hotels and stand-alone restaurants, the duty credit entitlement may also be used for the import of food items and alcoholic beverages.
Similarly, Government may from time to time also notify the goods which shall not be allowed for import under the duty free entitlement certificate issued under the scheme.
Provided that in calculating the entitlement under Export trading house certificate 3. Furthermoreonly such companies of the Group as are Star Export Houses will be considered. If a Group company chooses to apply based on the export of one or more of its individual Star Export House companies, the entitlement would be calculated considering the export performance of the export trading house certificate company during the previous licencing year and current licencing year. It shall be necessary that the adjusted export performance of all the Star Export House companies of the Group during the current licencing year does not fall below the combined performance of all Star Export House companies of the Group in the previous licencing year.
However exports of studded jewellery and any item as may be notified from time to time will be counted for the entitlement under the scheme. Agricultural products listed in Chapter 1 to 24 of ITC HS except as may be notified from time to time, shall not be permissible for imports under this scheme.
Similarly, Government may from time to time also notify the list of goods, which shall not be allowed for import under the duty credit entitlement certificate issued under the scheme.
The scrip export trading house certificate the items imported against it would be freely transferable. Imports from a port other than the port of export export trading house certificate be allowed under TRA facility as per the terms and conditions of export trading house certificate notification issued by Department of Revenue. The State Governments shall be encouraged to participate in promoting exports from their respective States.
The Market Access Initiative MAI scheme is intended to provide financial assistance for medium term export promotion efforts with a sharp focus on a country and product. The Marketing Development Assistance MDA Scheme is intended to provide financial assistance for a range of export promotion activities implemented by export promotion councils, industry and trade associations on a regular basis every year.
The Central Government aims to encourage manufacturers and exporters to attain internationally accepted standards of quality for export trading house certificate products. The Central Government will assist in the modernisation and upgradation of test houses and laboratories in order to bring them at par with international standards.
If it comes to the notice of the Director General of Foreign Trade or he has reason to believe that an export or import has been made in a manner that.
Is gravely prejudicial to the interest of other persons engaged in exports or imports. A Star Export House shall be eligible for the following facilities:. Fixation export trading house certificate Input-Output norms on priority within 60 days.
Exemption from compulsory negotiation of documents through banks. The remittance, however, would continue to be received through banking channels.
Enhancement in normal repatriation period from days to days. Entitlement for consideration under the Target Plus Scheme. Exemption from furnishing of Bank Guarantee in Schemes under this Policy.
Export trading house certificate status certificates issued or renewed on or after Services include all the tradable services covered under the General Agreement on Trade in Services where payment for such services is received in free foreign exchange. The Services Export Promotion Council shall:. Map opportunities for key services in key markets and develop strategic market access programmes for each component of the matrix.
Co-ordinate with sectoral players in undertaking intensive brand building and marketing programmes in target markets. All Service providers who have a total foreign exchange earning of at least Rs. Duty credit entitlement may be used for import of any capital goods including spares, office equipment and professional equipment, office furniture and consumables, provided it is part of their main line of business. The entitlement and the goods imported shall be non-transferable.
The foreign exchange turnover for Healthcare Institutions would include amounts earned through medical treatment, surgery, testing, consultancy and health care provided by the institution. The foreign exchange turnover for Educational Institutions would include amounts earned through the courses and consultancy provided by the institution. In either case, it will not include foreign exchange remittances through any other source including equity participation, donations etc.
The capital goods and the consumer goods imported under the duty free entitlement shall have a nexus with the activities of the healthcare or educational institutions concerned. Government reserves the right in public interest to specify from time to time the category or type of service exports which shall not be eligible for calculation of either eligibility or of entitlement. The objective of the scheme is to accelerate growth in exports export trading house certificate rewarding Star Export Houses who have achieved a quantum growth in exports.
The entitlement under this scheme would be contingent on the percentage incremental growth in FOB value of exports in the current licencing year over the previous licencing year, as under:. For the purpose of this scheme, the export performance shall not be transferred to or transferred from any other exporter. The following exports shall not be taken into account for calculation of export performance or for computation of entitlement under the scheme:.
Export of imported goods covered under Para 2. Rough, uncut and semi polished diamonds and other precious stones. Gold, silver, platinum and other precious metals in any form, including plain jewellery thereof.
Export performance made by one exporter on behalf of another exporter. The Duty Credit may be used for import of any inputs, capital goods including spares, office equipment, professional equipment and office furniture provided the same is freely importable under ITC HSfor their own use or that of supporting manufacturers as declared in Appendix 17 D.
The objective of the scheme is to promote export of fruits, vegetables, flowers, minor forest produce, and their value added products, by incentivising exporters of such products. The Duty Credit may be used for import of inputs or goods including capital goods, as may be notified, provided the same is freely importable under ITC HS. Government reserves the right in public interest, to specify from time to time the export products which shall not be eligible for calculation of entitlement.
Such Houses should operate as highly professional and dynamic institutions and act as important instruments of export growth. Criterion for Recognition The exports made, both in free foreign exchange and in Indian Rupees, shall be taken into account for the purpose of recognition.
Exports made by Subsidiary Company For this purpose, the company shall have the majority share holding in the subsidiary company. Export Performance Level The level of export performance for the purpose of recognition shall be as per the table below: Calculation of Net Foreign Exchange However, the value of freely transferable SIL, EPCG licences and the value of licences surrendered during the validity of licence shall not be deducted.
Weightage to exports However, such units shall not be entitled for the weightage given in sub paragraph a and b above. Recognition for State Corporations This benefit shall be available only for such period and in accordance with such terms and conditions as may be specified from time to time. On the expiry of such certificate, application for renewal of status certificate shall be required to export trading house certificate made within a period as prescribed in the Handbook Vol.
Export trading house certificate the said period, the status holder shall be eligible to claim the usual facilities and benefits, except the benefit of a SIL.
Manufacturing export trading house certificate or Industrial houses with an annual manufacturing turnover of Rs. The objective of the scheme is to recognise established exporters as Export House, Trading House, Star Trading House and Super Star Trading House with a view to building marketing infrastructure and expertise required for export promotion.
The exports made by a subsidiary of a limited company shall be counted towards export performance of export trading house certificate limited export trading house certificate for the purpose of recognition. The applicant is required to achieve the prescribed average export performance level subject to the condition that.
Deemed exports and exports under paragraph The level of export performance for the purpose of recognition shall be as per the table below:. Average FOB export trading house certificate during the preceding export trading house certificate licensing years, in Rupees.
FOB value during the preceding licensing year, in Rupees. Average NFE earnings made during the preceding three licensing yearsin Rupees. NFE earned during the preceding licensing year, in Rupees. For the purpose of calculation of the Net Foreign Exchange earned on exports, the value of all the licences including the value of 2. For the purpose of recognition, weightage shall be given to the following categories of exports provided such exports are made in freely convertible currency:.
Status Certificate shall be valid for a period of three years starting from 1st April of the licensing year during which the application for the grant of such recognition is made, unless otherwise specified.
All status holders shall be entitled to such facilities as specified in chapter of the Handbook Vol. Status holders shall continue to hold the recognition accorded to them for the period for which such recognition was accorded. Exporters who have attained Export House, Trading House, Star Trading Houses and Super Star Trading Houses status for three terms or more and continue to export shall be eligible for golden status certificate which would enable them to enjoy the benefits of status certificate irrespective of their actual performance thereafter as per the guidelines issued in this regard from time to time.